The following statements are true regarding the financial perspective EXCEPT: a. Financial performance can be improved through two basic approaches – revenue growth and productivity. b. Financial objectives typically relate to productivity. c. A financial measure might be net income. d. A financial objective might be to offer low process to satisfy and retain price-sensitive customers.

Q: Which of the following is not one of the benefits of breakeven analysis to businesses? A.…

A: A break-even analysis is a financial tool

Q: Which objective of cost accounting classifies and analyzes cost date for measuring efficiency? a.…

A: Answer: Concept: Cost accounting is defined as the accounting system which helps to analyze the cost…

Q: Which of the following statements regarding the balanced scorecard is not correct?a. It seeks to…

A: Balanced Scorecard is an evaluation method to measure the actual performance. This is prepared to…

Q: Which of the following may motivate managers to decrease the size of the allowance for doubtf Place…

A: Allowance for Bad debt is provision made for estimated uncollectible debt in the books of accounts.…

Q: Which of the following statements is false? A. The four dimensions of performance that are…

A: Stakeholders are the people who has the interest in the company. The stockhlders have the interest…

Q: These are measures not found in the chart of accounts, such as customer satisfaction scores or…

A: Since you have asked multiple questions, we will solve the first question for you . If you want any…

Q: measurement considered as financial rather than non-financial measures includes all of the…

A: Financial measures of performance measurement means methods by which performance of the organisation…

Q: What of the following is NOT a Benefit of Activity Based Management? a.It assists in the budgeting…

A: Introduction:- Activity Based Management analyzing a company's business activities through…

Q: Define the term gross profit margin. Explain several waysin which management might improve a…

A: Gross profit: It can be defined as the excess of a company's net sales revenue over its cost of…

Q: The strategy that the company could take to maintain the competitive advantages are Cost Leadership,…

A: Competitive advantage refers to factors that allow a company to produce goods or services better or…

Q: Most organizations use residual income instead of return on investment (ROI) as a performance…

A: The Following statement is True because Residual Income is much better than Return on Investment…

Q: The Multi-Dimensional Statements Approach of Social Accounting was proposed to extend financial…

A: Following is the answer to the given question

Q: What is the major shortcoming of using operating income as a performance measure for investment…

A: The company's aim will be to increase the profitability of the company. The profits can be arrived…

Q: Financial ratio analysis is a widely used tool for assessing the "health" of an organization and…

A: Financial ratings are quantitative indicators that distinguish important information from a…

Q: Consider the following three conditions: I. An increase in sales II. An increase in operating assets…

A: The formula to calculate Return on Investment is: Return on Investment = Net Profit/ Cost of…

Q: Discuss how the behavior of division managers is likely to be affected by the use of: a. Return on…

A: Division managers provide leadership and assistance to their team members. It provide guidance and…

Q: Which of the following statements about the balanced scorecard approach is false? O It requires…

A: A balanced scorecard is a very important and useful management technique used for performance…

Q: Which of the following promotes goal congruence (aligned goals between segment managers and top…

A: 1) Correct option is return on investment as a performance evaluation measure    Explanation: The…

Q: “A financial productivity measure contains more information than an operational productivity measure…

A: Introduction: Operational productivity is the ratio of output units to input units, and physical…

Q: Discuss and give reasons as to why a business would want to use non-financial performance measures…

A: Non Financial Measures: Non Financial measures are the measures which cannot be expressed in…

Q: “Companies should focus on financial measures of quality because these are the only measures of…

A:

Q: Which of the following is the indicator of the rate at which company is earning profit? Select one:…

A: Ratio Analysis Each  items in the financial statements of an enterprise is compared by using ratio…

Q: “A customer-profitability profile highlights those customers a company should drop to improve…

A: Customer profitability analysis: Customer profitability analysis is a management accounting tool…

Q: Choose the correct. Which of the following is not necessarily true for an operating segment?a. An…

A: Operating segment: An operating segment is a business activity from which it incurs expenses and…

Q: Cost Behavior - Operating leverage and profitability analysis Discuss how understanding cost…

A: Understanding cost behaviour entails comprehending how an entity's costs and expenditures affect its…

Q: What is the major shortcoming of using income from operations as a performance measure for…

A: Investment centre are who do investment of organisation to increase income.

Q: 6.If return on investment is a measure used on the balanced scorecard, under which perspective…

A: 6. Return on Investment measure is used under Financial Perspective. 7. Benchmarking is the process…

Q: What concept relates to the proportionate savings in costs gained when levels of production are…

A: Lets understand the meaning of all the terms given in the question. Accounting profit is a terms…

Q: Increasing earnings quality could be indicated bya. an improving operating earnings/sales ratio.b. a…

A: Financial Ratios: Financial ratios are the metrics used to evaluate the liquidity, capabilities,…

Q: A company can use cost-volume-profit analysis to determine the level of sales required to earn a…

A: CVP Analysis Equation Profit = Revenue – Fixed Costs – Variable Costs

Q: Which of the following statements about the balanced scorecard approach is false? It requires…

A: A balanced scorecard approach is one of the approaches used as a management technique for assessing…

Q: return

A: The term profitability refers to metric which is used to measure profits. An analysis is made on how…

Q: What is the major shortcoming of using income from operations as a performance measure for…

A: Investment center: A department or unit or division of a corporation where its manager is assigned…

Q: Using performance reports to evaluate cost, revenue, and profit centers Management by exception is a…

A:

Q: Which of the followings is NOT an advantage of financial institutions in consumption smoothing? A.…

A: Financial Institutions Institutions involved in financial transactions such as lending and borrowing…

Q: Please explain a major shortcoming of using income from operations as a performance measure for…

A: Invesment centers are those units or organisations that a business will utilise its capital to…

Q: Which of the following statement(s) is/are not true?      i. Return On Investment (ROI) as a…

A: i. Return On Investment (ROI) as a performance measure may discourage managers of divisions with…

Q: Which of the following statements most likely describes a situation that would motivate amanager to…

A: When the financial statement of an entity includes data which can mislead the users or the data is…

Q: disadvantage of utilizing income from operations as a performance indicator

A: Income from operations means the excess of revenues from business operations than cost of conducting…

Q: Which of the following is not a measure that management can use in evaluating and controlling…

A: The investment centers are typically very large divisions of a company. Investment center managers…

Q: Which of the following is NOT an example of a metric that companies are likely to use to measure…

A: The performance of an entity is a key metric that has to be measured using various key elements for…

Q: The balanced scorecard provides an action plan for achieving competitive success by focusing…

A: The balanced scorecard seems to be a management method that aims to translate an organisation 's…